Montana One Time Listing and Showing Agreement

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Multi-State
Control #:
US-00056DR
Format:
Word; 
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Description

This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.


Montana One Time Listing and Showing Agreement is a legal document used in the state of Montana for real estate transactions. This agreement represents an arrangement between a property owner, also known as the seller, and a real estate agent, also known as the listing agent, for a specific period to list and show a property for potential buyers. The purpose of this agreement is to define the terms, conditions, and obligations of both parties during the marketing and showing process of the property. It provides a framework for the real estate agent to represent the seller and promote the property for sale, while outlining the responsibilities and rights of the seller. Keywords in this agreement include: 1. Listing agent: The real estate agent who takes on the responsibility of representing the seller and listing the property for sale. 2. Seller: The property owner who intends to sell their property and engages the services of a listing agent. 3. Property: The real estate asset, such as a house, land, or commercial building, that is being listed for sale. 4. One Time Listing: This refers to an agreement where the listing agent is given a single opportunity to market and show the property within a defined period. 5. Showing: The act of presenting the property to potential buyers for viewing and assessment. Depending on the specific requirements or circumstances, there may be different types of Montana One Time Listing and Showing Agreements, such as: 1. Residential One Time Listing and Showing Agreement: Applicable for residential properties such as houses, apartments, or condominiums. 2. Commercial One Time Listing and Showing Agreement: Used for commercial properties like office spaces, retail stores, or industrial buildings. 3. Land One Time Listing and Showing Agreement: Designed for vacant land or undeveloped properties that are up for sale. Each type of agreement may have specific clauses and terms tailored to the nature of the property being listed. It is important for the seller and listing agent to carefully review and understand the terms mentioned in the agreement before signing it, as it legally binds both parties to their respective obligations and rights during the listing and showing process.

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FAQ

Many years ago, the Montana legislature looked at this issue and passed laws preventing the taxing authorities from using the sales price of properties as the basis for establishing taxable values. As a result, Montana became one of the non-disclosure states in the U.S.

At a minimum, a listing agreement should contain a property description, state the required terms of sale, establish the scope o the broker's authority, and include a promise of compensation. An exclusive agency or exclusive right to sell listing must also have a termination date.

Sellers may complete a property disclosure form, but Montana does not require it. Montana law requires a seller's agent to disclose all relevant and material information concerning conditions known to that agent.

Dual agency occurs when a buyer and seller let a single real estate agent (or two agents from the same brokerage) represent them in a transaction. Dual agency is illegal in eight states: Alaska, Colorado, Florida, Kansas, Maryland, Oklahoma, Texas and Vermont.

(a) acting as an agent for a party or parties in a real estate transaction where that agency representation conflicts with the obligations owed by the licensee to another party. This does not prohibit dual agency as permitted in 37-51-313, MCA.

The federal government and individual states set disclosure requirements. The major disclosures required involve lead paint, asbestos, wetlands, and floodplain disclosures.

Montana is one of just eleven states prohibiting public disclosure of real estate sales prices (please see the attached chart, Real Estate Price Disclosure by State).

The Montana Association of Realtors doesn't require that agents disclose that information. State law doesn't require disclosure of a suicide or felony, either. However, states including California, South Dakota and Alaska require you to disclose any death on a property within the last three years.

A One Time Showing Agreement form is an agreement between the buyer's broker and the homeowner listing the property for sale. In the document, the broker will list people's names that they plan on showing the property. Those buyers may potentially put in an offer and purchase the property.

A BROKER OR A SALESPERSON MAY NOT ACT AS A DUAL AGENT WITHOUT THE SIGNED, WRITTEN CONSENT OF BOTH THE SELLER AND THE BUYER".

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Direct control over how your home is sold, including the pricing strategy, showing schedule, and negotiation process. No listing commission, ... A One Time Showing Agreement is used when a property is not listed in the MLS (Multiple Listing Service). Properties in the MLS have a ...Who needs a premarital agreement contract? Because Montana law provides for property rights for a surviving spouse, every legally married couple has an ?implied ... (1) Board meetings shall be scheduled at a time and place as may be(b) The owner's consent may be included in the listing agreement and need not ...102 pages (1) Board meetings shall be scheduled at a time and place as may be(b) The owner's consent may be included in the listing agreement and need not ... This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. A residential real estate sale transaction usually begins at the time a broker obtains an agency contract in the form of a listing from the property owner.22 pages A residential real estate sale transaction usually begins at the time a broker obtains an agency contract in the form of a listing from the property owner. Here are the options to terminate a buyer-agent agreement.a Realtor with Mitchell & Associates Real Estate, in Bigfork, MT. TheMLSonline is not a Multiple Listing Service (MLS), nor does it offer MLS accessaccurate and complete information on real estate for sale in Montana. Real Estate for a Limited Period of Time p.13. 6.2 Types of Commercial Leasestransferring real property complete the Montana Depart-. Show property · Discuss or explain a contract, listing, lease agreement, or other real estate document with anyone outside the firm · Negotiate or ...

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Montana One Time Listing and Showing Agreement